$RIVER — Pullback Setup 📉

$RIVER is cooling off after a strong run, and sellers are starting to take control short-term.

Call: SHORT

Entry: $20.0 – $20.8

Stop-loss: $23.2

Targets: $18.4 → $16.9 → $15.8

Why short:

$RIVER just dropped -11% in a single day right after a +41% weekly push — that’s a classic sign of exhaustion after a vertical rally. Price also failed to hold the $21–22 zone, which was the key value area for bulls.

Momentum has now shifted from expansion to pullback, and the structure looks like a mean reversion move toward liquidity below.

The next major magnet is around $18–17, with the strongest support sitting near $16.85.

As long as RIVER stays below $22, the short-term trend belongs to sellers — and any bounce is likely to get sold.